Paradise Poker Looking for $50,000 CAD Poker King of Canada

TORONTO, Jan. 9 /CNW/ – Canada is a hotbed of great poker players and Paradise Poker is in search of the best one to crown him or her KING OF CANADA with a $50,000 prize. This first-ever exclusively Canadian poker tournament kicks off with daily freerolls at ParadisePoker.com on January 8th and concludes with an online main event on April 15, 2007.

“Canadian players consistently win or place well in poker tournaments all over the world,” said John Faley, Paradise Poker Marketing Director. “The field is already strong and new Canadian players are joining Paradise Poker everyday, so we decided to hold a tournament just for them.”

Beginning Monday, January 8, the top 50 players from each daily heat qualify for the weekly KING OF CANADA final table held every Sunday at 10 p.m. ET. Twenty-six Sunday final winners will earn a seat at the KING OF CANADA main event held online on April 15. The winner will receive a cool $50,000 CAD. The KING OF CANADA poker tournament is only open to residents of Canada.

During the opening week, players can enter a special one-time KING OF CANADA side table by depositing $50 into their ParadisePoker.com account using the deposit code KINGCAN1. The first place finisher at the side table automatically earns a spot at the KING OF CANADA main event on April 15.

Additionally, four seats to the KING OF CANADA main event will be randomly awarded to customers who have played in a KING OF CANADA qualifier and deposited a minimum of $100 to their ParadisePoker.com account in that same week. A KING OF CANADA SURVIVOR SEAT at the main event will be awarded to the player with the most Sunday final appearances. One lucky player will win the Paradise HOTSEAT — a seat to the final table via lottery.

Paradise KING OF CANADA main event payout structure:

1st place $50,000 CAD

2nd place $7,500 CAD

3rd place $2,500 CAD

4th place $2,000 CAD

5th place $1,500 CAD

6th place $1,250 CAD

7th place $1,000 CAD

8th place $750 CAD

9th pace $500 CAD

190th place $500 CAD

About Paradise Poker (http://www.paradisepoker.com)Paradise Poker is one of the original online poker rooms and offers the safest, most secure, and entertaining environment for poker players online. Established in 1999, ParadisePoker.com joined forces with Sportingbet PLC (London Stock Exchange: SBT) in 2004. Sportingbet PLC is headquartered in London, England and is one of the world’s largest publicly-traded online gaming companies.